1. Introduction

These Terms & Conditions (“Terms”) govern participation in the Lunul token sale (“Token Sale”). By participating, you (“Participant”, “You”) agree to be bound by these Terms.

Lunul (“Project”, “We”, “Us”) reserves the right to amend these Terms at any time without prior notice. Continued participation constitutes acceptance of any updates.

2. Nature of the Token

  • The Lunul token (“LUN”) is a utility token intended for use within the Lunul ecosystem.
  • LUN does not represent equity, ownership, voting rights, or profit-sharing rights in any entity.
  • Participation in the Token Sale is not an investment contract and should not be treated as such.

3. Eligibility

By participating, you confirm that:

  • You are at least 18 years old (or legal age in your jurisdiction)
  • You are legally permitted to participate under applicable laws
  • You are not located in, or a citizen/resident of, any restricted jurisdiction
  • You are not subject to sanctions or listed on any prohibited or restricted lists

We reserve the right to restrict participation at our discretion.

4. No Financial Advice

Participation in the Token Sale does not constitute:

  • Financial advice
  • Investment advice
  • Legal or tax advice

You are solely responsible for conducting your own due diligence.

5. No Refund Policy

  • All contributions are final.
  • No refunds will be issued under any circumstances, including but not limited to:
    • Market conditions
    • Delays in development or launch
    • Changes in roadmap or features
    • Personal financial circumstances

By participating, you acknowledge and accept this policy in full.

6. Token Distribution & Delivery

  • Token distribution timelines will be determined by the Project.
  • Delivery may be delayed due to:
    • Technical development
    • Security considerations
    • Market conditions
    • Regulatory factors

There is no guaranteed delivery date.

7. Launch Timing & Discretion

  • The launch of the Lunul network and/or token will occur at the sole discretion of the team.
  • Launch timing may be delayed, adjusted, or restructured based on:
    • Market conditions
    • Strategic considerations
    • Technical readiness

Participants acknowledge that:

  • No fixed launch date is guaranteed
  • Delays do not entitle Participants to refunds or compensation

8. Risk Acknowledgement

By participating, you accept all associated risks, including but not limited to:

  • Total loss of funds
  • Extreme market volatility
  • Regulatory uncertainty
  • Technological failure or vulnerabilities
  • Lack of adoption or usage
  • Changes in token utility or structure

Crypto assets are high-risk and speculative.

9. Market Conditions Disclaimer

You acknowledge that:

  • Broader market conditions may impact the value, utility, or success of LUN
  • External macroeconomic events may affect launch and adoption
  • The Project is not responsible for market-driven outcomes

10. Conduct & Community Expectations

Participants agree to:

  • Engage respectfully within official and community channels
  • Avoid harassment, abuse, or harmful conduct
  • Refrain from deliberate misinformation or coordinated disruption

While open discussion is permitted, the Project reserves the right to:

  • Restrict or remove participants from official channels
  • Moderate discussions to maintain a constructive environment

11. No Guarantees

The Project makes no guarantees regarding:

  • Token value
  • Market performance
  • Exchange listings
  • Adoption levels
  • Future utility

All forward-looking statements are speculative.

12. Use of Funds

Funds raised may be used at the discretion of the Project for:

  • Development
  • Infrastructure
  • Partnerships
  • Operations
  • Ecosystem growth

No specific allocation is guaranteed.

13. Limitation of Liability

To the maximum extent permitted by law:

  • The Project shall not be liable for any direct, indirect, incidental, or consequential losses
  • This includes loss of funds, profits, or opportunities

Participation is entirely at your own risk.

14. Team & Governance

  • The Project is developed and managed by its core contributors
  • Team composition may change over time
  • No individual team member is indispensable to the Project

15. Amendments

We reserve the right to:

  • Modify the token model
  • Adjust technical architecture
  • Update the roadmap
  • Amend these Terms

At any time without liability.

16. Acceptance of Terms

By participating in the Token Sale, you confirm that:

  • You have read and understood these Terms
  • You accept all risks involved
  • You agree to be fully bound by these Terms

17. Final Statement

The Lunul Token Sale is conducted with a long-term vision in mind. Participants acknowledge that success depends on multiple factors, including development progress, adoption, and broader market conditions.